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    Question

      What is the enhanced limit for housing loans (for

    repairs and renovations) in the metropolitan cities in case of Primary (Urban Cooperative Banks)
    A 5 lakhs Correct Answer Incorrect Answer
    B 6 lakhs Correct Answer Incorrect Answer
    C 10 lakhs Correct Answer Incorrect Answer
    D 15 lakhs Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    the ceiling on loans to individuals for carrying out repairs/additions/alterations to their dwelling units in case of Primary (Urban) Cooperative banks was revised upwards to ₹2 lakh in rural and semi-urban areas and ₹5 lakh in urban areas.The ceiling on such loans is now revised to ₹10 lakh in metropolitan centres (those centres with a population of 10 lakh and above) and ₹6 lakh in other centres.

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